The Nasdaq dropped 1% on Tuesday as chip and megacap shares took a hit ahead of Big Tech earnings, while strength in financial stocks kept the Dow afloat in anticipation of a key U.S. Federal Reserve policy decision this week. .N
At 13:45 ET, the Dow Jones Industrial Average .DJI was up 0.3%. The S&P 500 .SPX was down 0.63% at 5,429.34 and the Nasdaq Composite .IXIC was down 1.57% at 17,097.146.
The top three S&P 500 .PG.INX percentage gainers:
** Howmet Aerospace
** F5 Inc
** PayPal Holdings
The top three S&P 500
.PL.INX percentage losers:
** CrowdStrike Holdings
** Merck & Co
** Corning Inc
The top three NYSE
.PG.N percentage gainers:
** Lumen Technologies
** Meta Data
** Strawberry Fields REIT
The top two NYSE
.PL.N percentage losers:
** Better Choice Company
** Emergent BioSolutions
The top three Nasdaq
.PG.O percentage gainers:
** Immunome Inc
** Inspirato Inc
** Pharming Group NV
The top two Nasdaq
.PL.O percentage losers:
** QXO Inc
** Wheeler Real Estate Investment Trust
** Merck & Co Inc
MRK.N: down 9.3%
BUZZ - Slumps as drugmaker flags concerns about Gardasil vaccine demand in China
** Procter & Gamble Co PG.N: down 5.4%
BUZZ - Slumps on surprise drop in Q4 sales
** CrowdStrike Holdings Inc CRWD.O: down 10.7%
BUZZ - Falls after report Delta Air to seek compensation over cyber outage
** F5 Inc FFIV.O: up 12.5%
BUZZ - Jumps after forecasting Q4 revenue, profit above estimates
** Novavax Inc NVAX.O: down 26.6%
BUZZ - Falls after J.P. Morgan downgrades to 'underweight'
** Vista Outdoor Inc VSTO.N: up 4.0%
BUZZ - Climbs after company to review strategic alternatives for unit
** Pfizer Inc PFE.N: up 1.6%
BUZZ - Gains after raising annual profit forecast
** PayPal Holdings Inc PYPL.O: up 8.9%
BUZZ - Up after raising FY24 adjusted profit forecast
** Archer-Daniels-Midland Co ADM.N: down 1.1%
BUZZ - Falls on Q2 profit miss
** JetBlue Airways Corp JBLU.O: up 17.1%
BUZZ - Climbs on posting surprise Q2 profit
** Corning Inc GLW.N: down 8.5%
BUZZ - Falls on downbeat Q3 forecast
** Getty Realty Corp GTY.N: down 4.6%
BUZZ - Falls on pricing $105 mln stock offering
** Affirm Holdings Inc AFRM.O: up 2.8%
BUZZ - Rises as BofA upgrades to 'buy', bullish on profitability target
** Howmet Aerospace Inc HWM.N: up 13.3%
BUZZ - Surges on annual profit, revenue forecast raise
** Sysco Corp SYY.N: up 4.1%
BUZZ - Rises on annual sales forecast, Q4 profit beat
** Stanley Black & Decker Inc SWK.N: up 8.3%
BUZZ - Rises on upbeat Q2 results, annual profit forecast
** Woodward Inc WWD.O: down 18.1%
BUZZ - Tumbles after Q3 rev miss
** Varonis Systems Inc VRNS.O: up 10.3%
BUZZ - Hits over two-year highs after FY24 forecast lift
** Phillips 66 PSX.N: up 4.3%
BUZZ - Rises on profit beat in Q2 despite lower margins
** AGCO Corp AGCO.N: down 5.5%
BUZZ - Shares drop after quarterly report disappoints
** Lattice Semiconductor Corp LSCC.O: down 7.9%
BUZZ - Slumps on dour forecast, brokerage PT cuts
** BioNTech SE BNTX.O: up 1.0%
BUZZ - Rises after cancer therapy meets goal in mid-stage study
** Gartner Inc IT.N: up 6.8%
BUZZ - Rises on annual profit forecast raise
** IPG Photonics Corp IPGP.O: down 6.0%
BUZZ - Drops after Q2 profit, revenue misses estimates
** Merchants Bancorp MBIN.O: down 15.6%
BUZZ - Slumps after loans worry
** Spirit Airlines Inc SAVE.N: up 5.2%
BUZZ - Up after announcing premium seating
** Sprouts Farmers Market Inc SFM.O: up 12.7%
BUZZ - Jumps >20% after rosy forecasts
** Retail Opportunity Investments Corp ROIC.O: up 18.6%
BUZZ - Rises after report Blackstone in bid to acquire firm
** Microsoft Corp MSFT.O: down 1.8%
BUZZ - Dips; investors weigh hefty AI bill
** Advanced Micro Devices Inc AMD.O: down 1.6%
BUZZ - Shares fall; results due after the closing bell
The 11 major S&P 500 sectors:
Communication Services |
.SPLRCL |
down 0.13% |
Consumer Discretionary |
.SPLRCD |
down 0.81% |
Consumer Staples |
.SPLRCS |
down 0.90% |
Energy |
.SPNY |
up 1.30% |
Financial |
.SPSY |
up 0.93% |
Health |
.SPXHC |
down 0.16% |
Industrial |
.SPLRCI |
up 0.29% |
Information Technology |
.SPLRCT |
down 2.10% |
Materials |
.SPLRCM |
down 0.19% |
Real Estate |
.SPLRCR |
up 0.29% |
Utilities |
.SPLRCU |
up 0.05% |
(Compiled by Rajarshi Roy and Puyaan Singh in Bengaluru)